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Land Rover Range Rover Lease Questions

176 messages,  Last post on Jul 01, 2008 at 6:02 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Land Rover Range Rover, Car Leasing, SUV


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#150 of 176
Re: 2008 RR SC [ctijim] by ctijim
Feb 11, 2008 (10:25 am)
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Replying to: ctijim (Feb 07, 2008 5:46 pm)

Car man...HELP!
#151 of 176
About to Lease a New RR HSE Supercharged by jviti
Feb 27, 2008 (7:48 pm)
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Hi,
I'm about to lease a new RR HSE Supercharged and I'm trying to figure out if I'm getting a good deal. While the internet says MSRP is 93k several dealers are telling me the MSRP is 96k and they'll drop their price to 93k (although that includes a rear entertainment system which cost $2500 . Not sure if they're gaming me. That said the lease terms I'm getting are roughly consistent across dealers and are as follows:
30 months; 12k miles/yr; 4,474 down; 1474/month. This includes tax (which is 8.25%). The residual value is 59% and the money factor is .00176. I really want a 36 month lease but they drop the residual value to 50% and increase the money factor to .00220 making for 7,067 down and 1,462/mo. Any opinions/advice??
#152 of 176
Re: 2008 RR SC [ctijim] by Car_man HOST
Mar 04, 2008 (4:07 am)
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Replying to: ctijim (Feb 07, 2008 5:46 pm)

Hi Jim. Here is the information that you're looking for. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Land Rover Range Rover SC with 15,000 miles per year are .00146 and 62%, respectively. The numbers for a 36 month lease are .00211 and 50%.
 
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Prices Paid: Buying & Leasing Experiences Forum
#153 of 176
Re: About to Lease a New RR HSE Supercharged [jviti] by Car_man HOST
Mar 04, 2008 (4:46 am)
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Replying to: jviti (Feb 27, 2008 7:48 pm)

Hi jviti. Have you looked up this truck's MSRP and dealer invoice price here at Edmunds.com yet? The prices that are listed here are usually very accurate. If a dealer quotes you an MSRP that's higher than the one that is mentioned in the New Vehicle Pricing section of Edmunds.com, they are probably adding some sort of dealer installed option(s) or fees to it.
 
The money factor that you were quoted is right in line with Land Rover's buy rate for this model. That is always a good thing. One thing that I don't like about this deal though is the large down payment that you are considering making. I always advise consumers not to make large capitalized cost reductions on leased vehicles. Those who make them risk losing them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you would be better off going with a zero down lease.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#154 of 176
Range Rover Supercharged 30 month lease by njwlog
Mar 13, 2008 (9:43 am)
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Car_man,
 
Is Land Rover Capital still offering a 30 month lease on a '08 Range Rover Supercharged? What is the residual and money factor?
 
Thank you for your great service to all car buyers!
#155 of 176
Is this a good lease by guess400
Apr 20, 2008 (7:43 pm)
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I think this is a great price but I want to make sure before I go ahead with the deal. It is on a brand new 08 base Range Rover HSE no options dealer is just throwing in some rubber mats. $799 a month with 8800 down this includes tax and title up front for New York. It is for 24 months with 10,500 a year. Should I pull the trigger on this or wait to get a better deal
#156 of 176
Re: Is this a good lease [guess400] by bully5
Apr 21, 2008 (6:32 pm)
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Replying to: guess400 (Apr 20, 2008 7:43 pm)

I believe its very good. Best I could do is 1350 per month on RR base model but with TV's for 36 months, 0 down, 10.5K miles. If you add in your pre pay 8800 your payment is around 1150 per month.
#157 of 176
Re: Is this a good lease [guess400] by jbratx
Apr 21, 2008 (9:09 pm)
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Replying to: guess400 (Apr 20, 2008 7:43 pm)

$8,800 down seems a little steep for a lease.
#158 of 176
Re: Range Rover Supercharged 30 month lease [njwlog] by Car_man HOST
Apr 22, 2008 (2:50 am)
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Replying to: njwlog (Mar 13, 2008 9:43 am)

You're very welcome, njwlog. I don't think that Land Rover's 30 month lease program on this truck is anything special right now. If you really want to lease one, you would probably be better off going with a 36 month lease. Your monthly payment will be lower. Land Rover Capital Group's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Land Rover Range Rover Supercharged with 15,000 miles per year are .00302 and 56%, respectively.
 
If you are a current Land Rover owner or lessee, make sure to take advantage of the $2,000 owner loyalty cash that is currently available on the '08 Range Rover.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#159 of 176
Ranger Sport - Money Factor etc by alwaysarookie
Apr 23, 2008 (8:38 am)
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Carman
 
I am getting the following deals both for 24 months:
RR Sport HSE - $1067 a month/15k miles with only First month payment, tag & title out of pocket.
RR Sport Supercharged - $1347.34/15k miles (same as above).
 
I am looking to bring down my payment to around 1k for Supercharged. Can I get it down by reducing my miles to 12k and leasing it for 36 months instead?
What should the money factor be for both 24 and 36 months?
 
Thanks

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